Tag: Jerome Powell
Powell Says Trump Administration Threatened Him With Indictment
The Trump administration has threatened to pursue a criminal indictment against Jerome Powell over testimony he delivered to Congress last summer regarding a Federal...
Criminal Probe Into Fed Chair Powell Sends Dollar Lower
The U.S. dollar pulled back from a one-month high early on Monday after U.S. prosecutors launched a criminal investigation involving Jerome Powell, intensifying tensions...
Gold Breaks $4,600/oz Record Amid Iran Crisis and Fed Indictment Fears
Gold prices surged to an all-time high during Asian trading on Monday, as escalating unrest in Iran, growing political pressure on the Federal Reserve,...
Asia FX Stalls as Dollar Slips on Powell Investigation
Asian currencies traded in a narrow range on Monday, while the U.S. dollar edged lower after U.S. authorities launched a criminal investigation involving Jerome...
U.S. Stocks Edge Lower as Strong GDP Clouds Fed Rate-Cut Outlook
U.S. stocks opened modestly lower on Tuesday after a stronger-than-expected third-quarter GDP report fueled concerns that resilient economic growth could lead the Federal Reserve...
Wall Street Debates Fed’s Next Move After Hot Q3 GDP Report
Wall Street analysts say stronger-than-expected third-quarter GDP data confirms the resilience of the U.S. economy, but they do not expect it to trigger an...
Waller Vows to Defend Fed Independence Ahead of Trump Meeting
Federal Reserve Governor Christopher Waller, who is among the leading candidates to succeed Fed Chair Jerome Powell next year, said he would firmly defend...
Kevin Warsh Emerges as Top Pick to Replace Powell as Hassett...
Kevin Warsh has emerged as the new frontrunner to replace Jerome Powell as Chair of the U.S. Federal Reserve, following growing resistance to Kevin...
Fed Signals Rate-Cut Pause as Markets Face Data Blackout
After three straight interest rate cuts, investors now face a more uncertain U.S. monetary policy outlook. Persistent inflation, missing data, and an upcoming leadership...
Dollar Drops as Fed Softens Hawkish Outlook and Markets Bet on...
The U.S. dollar declined on Thursday after the Federal Reserve delivered a policy outlook that was less hawkish than markets expected. The softer tone...
